If I understand correctly, these payments were a result of a mutual fund company charging excess 12.b.1 fees to their investors?
Were the funds that you got the payments for, part of a tax-advantaged investment like an IRA or 401(k) or were these just regular investments you owned, not part of a tax shelter?
If you owned the funds in a tax-sheltered retirement account, did you deposit the checks in the account or keep the money yourself?
This was reported on a 1099-INT?
